| | Weekly business and foreign investment news roundup in Asia by Asia Briefing and Dezan Shira & Associates. |
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| | | | India boasts a variety of manufacturing clusters, each specializing in distinct sectors, contributing significantly to domestic production and exports. Supported by various central government schemes and the rapid infrastructure improvements, these clusters are key to India’s rise as a global manufacturing hub. | | | | | India’s income tax authority, CBDT, has announced the tolerance range for variations between the arm’s length price and the transfer pricing for both international and specified domestic transactions for Assessment Year 2024-25. | | | | | India’s Central Board of Direct Taxes (CBDT) has extended the deadline for corporate taxpayers to file income tax returns for Assessment Year (AY) 2024-25. Initially set for October 31, the new filing deadline is now November 15, 2024. | | | | | Both nations see opportunities to further diversify their trade portfolio, particularly in sectors like pharmaceuticals, information technology, and high-tech engineering products. This strengthens the case for continued trade expansion through preferential trade agreements. | | | | | A well-crafted international manufacturing agreement not only formalizes the relationship but also protects both parties from potential risks, ensures product quality, and controls costs. |
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COMPLIMENTARY BUSINESS RESOURCES: |  | | | | | India's service sector drives growth and attracts FDI with its market potential, skilled labor, and policies. This issue explores performance, key FDI segments, and strategies for foreign firms. | | | | | As Vietnam boosts its global trade role, this Vietnam Briefing edition covers key import-export regulations, customs procedures, on-spot export regimes, and VAT rules, along with insights on documentation, processing times, and VAT refunds. | | | | | This issue of ASEAN Briefing offers an overview of Indonesia's labor market, covering local employment laws, key trends, and emerging sectors, providing insights into workforce dynamics and opportunities in the country. |
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UPCOMING EVENTS FOR ASIA: | | | Webinar | Wednesday, November 13, 2024 | 9:00 AM Los Angeles / 12:00 PM New York | | | | | Webinar | Monday, November 25, 2024, | 2:30 PM India / 4:00 PM Vietnam / 5:00 PM China | | | | | Webinar | Tuesday, November 12, 2024 | 1:00 PM GMT / 5:00 PM GST/ 6:30 P.M IST |
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